Ghana, along with ten (10) other African countries are expected to reach investment agreements in their respective energy sectors with European investors in an upcoming investor forum scheduled to take place in Paris in June 2021.
The event organised by Africa Oil & Power (AOP) will see African government delegations and companies together with European financiers make commitments and sign energy deals.
According to AOP, the two-day event is aimed at promoting continued synergy between petroleum and renewables actors in African countries and Europe as well as driving a new positive narrative to balance African development needs, climate goals and economic growth.
“Energy, in all its forms including oil and gas, is the cornerstone of Africa’s re-emergence from COVID. We believe that now is the time for African companies and governments to look again at their European partnerships and to push forward with deals that power their economies,” said AOP’s Managing Director Renée Montez-Avinir.
“The energy transition, and the future funding of African oil and gas projects, plus Europe’s role in African investment going forward, will be at the heart of our discussions at the Paris investor forum. Oil and gas will continue to play an important part in Africa’s energy mix and economic expansion,” she continued.
The AOP expects multiple energy agreements to be signed at the event which commences from June 16 – June 18, 2021.
Aside Ghana, other African countries expected to participate in the AOP Investor Forum include; Senegal, Ivory Coast, Niger, Mozambique, Nigeria, Angola, Equatorial Guinea, Gabon, Uganda and South Sudan.
